Dunham Large Correlations
DCLVX Fund | USD 19.83 0.03 0.15% |
The current 90-days correlation between Dunham Large Cap and Dodge Cox Stock is 0.92 (i.e., Almost no diversification). The correlation of Dunham Large is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Dunham Large Correlation With Market
Almost no diversification
The correlation between Dunham Large Cap and DJI is 0.94 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dunham Large Cap and DJI in the same portfolio, assuming nothing else is changed.
Dunham |
Moving together with Dunham Mutual Fund
0.74 | DNAVX | Dunham Dynamic Macro | PairCorr |
0.83 | DNAIX | Dunham Appreciation | PairCorr |
0.94 | DNDGX | Dunham Small Cap Steady Growth | PairCorr |
0.93 | DNFGX | Dunham Focused Large | PairCorr |
0.91 | DNFRX | Dunham Floating Rate | PairCorr |
0.68 | DNIOX | Dunham International | PairCorr |
0.83 | DNHYX | Dunham High Yield | PairCorr |
1.0 | DNLVX | Dunham Large Cap | PairCorr |
0.9 | DNMDX | Dunham Monthly Distr | PairCorr |
0.9 | DNSVX | Dunham Small Cap | PairCorr |
0.98 | DNSPX | Dunham Enhanced Market | PairCorr |
0.86 | DAAIX | Dunham Appreciation | PairCorr |
0.73 | DAAVX | Dunham Dynamic Macro | PairCorr |
0.94 | DADGX | Dunham Small Cap | PairCorr |
0.92 | DAFRX | Dunham Floating Rate | PairCorr |
0.93 | DAFGX | Dunham Focused Large | PairCorr |
0.84 | DAHYX | Dunham High Yield | PairCorr |
0.71 | DAIOX | Dunham International | PairCorr |
1.0 | DALVX | Dunham Large Cap | PairCorr |
0.9 | DAMDX | Dunham Monthly Distr | PairCorr |
0.98 | DASPX | Dunham Enhanced Market | PairCorr |
0.9 | DASVX | Dunham Small Cap | PairCorr |
0.69 | DCAVX | Dunham Dynamic Macro | PairCorr |
0.84 | DCAIX | Dunham Appreciation | PairCorr |
0.94 | DCDGX | Dunham Small Cap | PairCorr |
0.93 | DCFGX | Dunham Focused Large | PairCorr |
0.92 | DCFRX | Dunham Floating Rate | PairCorr |
0.61 | DCIOX | Dunham International | PairCorr |
0.81 | DCHYX | Dunham High Yield | PairCorr |
Moving against Dunham Mutual Fund
0.66 | DNCGX | Dunham Porategovernment | PairCorr |
0.66 | DACGX | Dunham Porategovernment | PairCorr |
0.92 | USPSX | Profunds Ultrashort | PairCorr |
0.92 | USPIX | Profunds Ultrashort | PairCorr |
0.67 | DCCGX | Dunham Porategovernment | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Dunham Mutual Fund performing well and Dunham Large Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Dunham Large's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
DOXGX | 0.52 | (0.01) | (0.05) | 0.10 | 0.44 | 0.94 | 4.22 | |||
AFMFX | 0.46 | (0.02) | (0.11) | 0.09 | 0.43 | 0.90 | 2.68 | |||
FFMMX | 0.46 | (0.02) | (0.11) | 0.09 | 0.43 | 0.90 | 2.66 | |||
FFFMX | 0.45 | (0.02) | (0.11) | 0.09 | 0.42 | 0.90 | 2.68 | |||
AMRMX | 0.46 | (0.02) | (0.12) | 0.08 | 0.43 | 0.91 | 2.66 | |||
AMFFX | 0.46 | (0.02) | (0.12) | 0.08 | 0.43 | 0.90 | 2.68 | |||
AMFCX | 0.46 | (0.02) | (0.12) | 0.08 | 0.43 | 0.90 | 2.68 | |||
DODGX | 0.52 | (0.01) | (0.05) | 0.10 | 0.44 | 0.94 | 4.22 | |||
VIVAX | 0.51 | 0.00 | (0.05) | 0.11 | 0.39 | 1.05 | 3.45 |